https://www.taxtmi.com/caselaws?id=240417 The Larger Bench, following the Madras High Court decision, upheld the reversal of Cenvat credit for each quarter of use of capital goods. The case was referred back to the Regular Bench for further proceedings in line with this ruling. This decision aims to ensure consistency in the treatment of Cenvat credit on capital goods post-use, safeguarding against potential abuse of the Cenvat credit scheme. en-us Mon, 18 Nov 2013 00:00:00 +0530 Mon, 20 Oct 2014 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240417 The Larger Bench, following the Madras High Court decision, upheld the reversal of Cenvat credit for each quarter of use of capital goods. The case was referred back to the Regular Bench for further proceedings in line with this ruling. This decision aims to ensure consistency in the treatment of Cenvat credit on capital goods post-use, safeguarding against potential abuse of the Cenvat credit scheme. Case-Laws Central Excise Mon, 18 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240417